Asia ECM values shrink despite IPO spree

Debut listings in China and Hong Kong drive ECM activity, but the market in Asia shrank in value nevertheless. It is a similar story on the debt side, while M&A alone put in an improved performance. Asiamoney.com rounds up last week’s regional capital markets activity.

28 Sep 2009

Initial public offerings launched in Hong Kong and China continued to drive the region’s equity capital markets (ECM) last week.

Tellingly they made up five of the 10 largest ECM transactions in the Asia-Pacific (ex-Japan) region from September 21 to 25, including the top three, according to data provider
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